Micron Technology (MU)

[JLS]

More news out re. MU ...

U.S. Deploys New Tactics in Prosecution of Chinese Chipmaker

Prosecutors are also testing for the first time a provision of the Economic Espionage Act dating back to 1996 to bring a civil suit alleging trade-secret theft on top of the criminal indictment. Through the civil case, the government is aiming to block Jinhua’s exports of dynamic random access memory, or DRAM, that the U.S. says relies on technology stolen from Boise, Idaho-based Micron Technology Inc.

From the criminal case, prosecutors stand to win an order requiring Jinhua and UMC to forfeit chips and income derived from the allegedly stolen technology, as well as a ban from using Micron’s secrets for up to five years.

Micron spent almost a year trying to serve a civil trade-secrets complaint against Jinhua. A copy sent to the Chinese Ministry of Justice was returned stating, without further elaboration, that “the Chinese translation is not complete.” Chesney concluded Micron can simply email the complaint to Jinhua’s U.S. lawyers.

https://finance.yahoo.com/news/u-deploys-tactics-prosecution-chinese-050100608.html